10 Bittersweet Ridge #10MiddlefieldCT06455
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Middlefield at 10 Bittersweet Ridge #10, Middlefield, CT, 06455 listed at $285,000 pairs $3,788/mo rent with a $1,395/mo payment to leave $1,513/mo cash flow. Total monthly income runs $3,788/mo, and annual cash flow reaches $18,150/yr on $94,478 cash to close. Return on cash invested measures 39.12% in year one, and rental yield registers 15.95% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 208.25% and total cumulative return in cash totals $196,746. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,788/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
$339 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06455, Middlefield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 1,104 (81.3%) |
| Renter Occupied HU | 173 (12.7%) |
| Vacant Housing Units | 81 ( 6.0%) |
| Median Home Value | $469,649 |
| Average Home Value | $485,915 |
Housing Distribution
Address Breakdown
Residential
1,195
Single Family
1,195
Multi-Family
0
Businesses
139
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Listed by: Jessica Boswell • LPT Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100573
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.